• 1 How replicators work
  • 2 Settings
  • 2 Choose master
  • 3 Limitations

How replicators work

Basic concept and features

Since Tradernet was established we have been wishing to give our clients an opportunity to copy other traders’ actions. The main idea is that you can just copy someone's orders if you have no time to develop your own strategy. Copied traders use their money, therefore they’re really interested to get profit.

There are two sides in replication process: masters – people whose orders are copied, and subscribers – people who copy masters' orders.

Before a master’s order gets to an exchange, his broker checks whether the master has sufficient funds in his account to execute the order. If it is so, the order is sent to an exchange.

So, the master placed his order. Then, right after the broker confirmed that the amount of funds was sufficient and sent the order to the exchange, a relevant replicator has received a notification. Normally, there are several hundred milliseconds between the moment when an order is received by a broker and sent to an exchange.

As soon as the new order notification has been received, the replicator looks for the subscribers to the master’s order and checks subscribers’ parameters in its database.

If the replicator found a proper subscriber to the master’s order, it tries to send exactly the same (or modified in accordance with subscriber’s parameters) order to the exchange.